RENEWABLE ENERGY MARKET IN THE UNITED STATES

Entry Strategies for Turkish Energy Companies

RENEWABLE ENERGY MARKET IN THE UNITED STATES

Entry Strategies for Turkish Energy Companies

Yasin Bilgehan Akalan
Attorney at Law
Immigration Law Expert – Akalan Law Firm

Solar panel with global map background

▶️ I. Introduction

▶️ I. Introduction

The U.S. Energy Information Administration (EIA) projects that electricity generation in the United States will continue to grow in 2025 and 2026. Specifically, electricity production is expected to increase by approximately 2.4% in 2025 and 1.7% in 2026. This growth is notably stronger than the relatively stagnant production trend observed during the 2010–2020 period (U.S. Energy Information Administration, 2025)

Moreover, the rapid expansion of renewable energy capacity reinforces this positive outlook. According to Reuters, 84% of newly installed electricity capacity in the United States in 2024 came from solar energy alone (Sheldrick, 2025). As a result, renewable energy has become the dominant driver of new capacity additions.

One of the most important catalysts behind this transformation is the Inflation Reduction Act (IRA). Widely described as the most comprehensive energy and climate legislation in U.S. history, the IRA significantly reduces project development costs across renewable energy, hydrogen, energy storage, and nuclear power. Consequently, international investor interest in the U.S. energy market has increased substantially 

Taken together, these developments position the United States not only as a large domestic energy market, but also as one of the key countries shaping global energy strategies. In this context, the U.S. energy sector offers a uniquely attractive environment for foreign investors.

Strategic Relevance for Turkish Energy Companies

Against this backdrop, Turkish energy companies are well placed to benefit from the ongoing transformation of the U.S. energy market. Türkiye’s strengths in EPC contracting, engineering expertise in solar and wind energy, cost advantages in energy equipment manufacturing, and access to a highly skilled workforce align closely with U.S. market needs.

Therefore, the United States is no longer viewed merely as an export destination. Instead, it is increasingly seen as a platform for manufacturing, R&D, technology development, strategic partnerships, and long-term investment.

▶️ II. Outlook for the U.S. Energy Sector in 2026

▶️ II. Outlook for the U.S. Energy Sector in 2026

By 2026, the U.S. energy sector has entered a phase of accelerated expansion, driven by both favorable investment conditions and rapid technological change. In particular, renewable energy investments, supported by strong federal and state-level incentives, have transformed the sector into a dynamic and fast-growing ecosystem.

1.Macro Trends: The Impact of the IRA and the Clean Energy Ecosystem

The Inflation Reduction Act has played a central role in reducing financial risk for investors. By offering long-term tax credits for clean energy projects, the IRA improves project bankability and strengthens overall economic feasibility (U.S. Environmental Protection Agency [EPA], 2023).

In addition, Forbes estimates that the IRA’s clean energy tax incentives—especially the Investment Tax Credit (ITC) and the Production Tax Credit (PTC)—could double wind and solar deployment in the United States by 2030 (Forbes, 2022). This projection highlights the scale of the opportunity created by policy support.

Meanwhile, data from SEIA’s Solar Industry Research confirms that the U.S. solar sector continues to expand rapidly. Installed solar capacity grows each year, solar remains the largest contributor to new electricity generation capacity, and both employment and economic output are steadily increasing (Solar Energy Industries Association & Wood Mackenzie, 2025).

2.Strategic Alignment Areas for Turkish Companies

Given these trends, Turkish companies can find high-potential opportunities in several key segments, including:

  • Utility-scale solar projects
  • Offshore and onshore wind projects
  • LNG infrastructure, pipelines, and terminals
  • Energy storage systems (BESS)
  • Grid modernization, SCADA, and digital energy solutions
  • Hydrogen and small modular reactor (SMR) projects

Considering Türkiye’s established engineering capabilities and EPC experience, Turkish firms are well positioned to compete effectively in large-scale U.S. energy projects.

▶️ III. Opportunity Segments: Sectors Where Turkish Energy Companies Can Position Themselves in the U.S.

▶️ III. Opportunity Segments: Sectors Where Turkish Energy Companies Can Position Themselves in the U.S.

The scale and diversity of the U.S. energy market provide Turkish companies with multiple entry points across different segments. Each of these areas offers distinct strategic advantages.

1.Renewable Energy: Solar, Wind, and Offshore Projects

In 2024, the U.S. solar sector added approximately 50 GW of new capacity. This figure represents an increase of around 21% compared to 2023, underscoring the continued momentum of renewable energy deployment (Solar Energy Industries Association & Wood Mackenzie, 2025).

2.LNG and Natural Gas Infrastructure

During 2024 and 2025, the United States emerged as the world’s largest LNG exporter. At the same time, capacity expansion continued through new terminal investments (U.S. Energy Information Administration, 2024). Consequently, demand remains strong for EPC services related to liquefaction facilities, storage infrastructure, and natural gas pipelines.

3.Energy Storage Solutions

According to SEIA, the United States currently has approximately 83 GWh of installed energy storage capacity. Based on existing market trends, this figure is projected to reach around 450 GWh by 2030. However, SEIA emphasizes that this baseline projection remains insufficient and calls for stronger policy support to meet future demand (Solar Energy Industries Association, 2025)

As a result, significant opportunities exist for Turkish equipment manufacturers and system integrators seeking to enter the U.S. energy storage market.

4.Grid Modernization and Smart Grids

Much of the U.S. electricity grid is aging and now operates beyond its original design capacity. This situation increases the risk of frequent and prolonged power outages. Therefore, demand is rising for advanced smart grid solutions that rely on digitalization, automation, and real-time monitoring technologies (U.S. Department of Energy, n.d.).

5.Hydrogen and Emerging Technologies

Finally, hydrogen represents one of the most promising emerging segments. The IRA’s Section 45V Clean Hydrogen Production Tax Credit provides a per-kilogram incentive for qualified clean hydrogen production for up to 10 years (U.S. Department of Energy, 2025)

Accordingly, substantial opportunities exist in electrolyzer manufacturing, hydrogen storage systems, and hydrogen safety and engineering services.

Business professional holding a light bulb symbolizing innovation and energy leadership

▶️IV- Commercial Structuring Requirements and State-Level Strategic Approaches in the United States

▶️ IV- Commercial Structuring Requirements and State-Level Strategic Approaches in the United States

The United States operates under a multi-layered regulatory and commercial framework. Rather than relying on a single, unified business law system, each state maintains its own economic policies, incentive mechanisms, and energy strategies. Therefore, selecting the appropriate state is a critical determinant of successful market entry for foreign energy companies.

1.State Energy Policies and Strategic Opportunities

Different states offer distinct advantages depending on the energy segment and investment model. As a result, understanding state-level dynamics is essential for effective commercial structuring.

Texas, for example, is a national leader in wind power generation and ranks among the top states in total renewable energy production. In 2024, wind energy accounted for a significant share of the state’s electricity generation. Moreover, the ERCOT region increasingly meets electricity demand through expanding renewable generation capacity, reinforcing Texas’s attractiveness for utility-scale renewable projects (U.S. Energy Information Administration, 2025).

By contrast, California operates under a highly structured and policy-driven clean energy framework. The state has established comprehensive targets, long-term planning mechanisms, and publicly led programs to accelerate offshore wind, energy storage, and advanced clean energy technologies. Consequently, California remains a preferred destination for technology-intensive and innovation-driven energy investments (California Energy Commission, n.d.).

Meanwhile, New York has positioned itself as a leader in offshore wind development. Offshore wind tenders are administered by the New York State Energy Research and Development Authority (NYSERDA). The state aims to develop a total of 9,000 megawatts (9 GW) of offshore wind capacity by 2035, creating long-term opportunities for EPC contractors, equipment suppliers, and project developers (New York State Energy Research and Development Authority, n.d.)..

In addition, several Southern and Mid-Atlantic states actively compete to attract manufacturing investments related to electric vehicle batteries and energy storage systems. States such as Mississippi and Georgia offer incentive packages that support battery manufacturing facilities through state-level grants, tax incentives, and workforce development programs (Wagster Pettus, 2024).

2.Mandatory Steps for Establishing a Company in the United States

Regardless of the state selected, companies seeking to operate in the U.S. energy sector must complete several mandatory legal and administrative steps.

First, businesses structured as limited liability companies, corporations, partnerships, or nonprofit organizations are required to appoint a registered agent in the state of incorporation prior to filing. This agent serves as the official point of contact for legal and regulatory correspondence (U.S. Small Business Administration, n.d.-a).

Next, companies must obtain an Employer Identification Number (EIN). This federal tax identification number is essential for employment, taxation, banking, and federal reporting purposes (Internal Revenue Service, n.d).

In addition, companies must prepare internal governance documents. For LLCs, this involves drafting an Operating Agreement that defines governance structure, financial decision-making processes, profit distribution, and member responsibilities. Although not mandatory in most states, several jurisdictions—including California, Delaware, Missouri, New York, and Maine—require LLCs to maintain a written operating agreement (U.S. Small Business Administration, n.d.-b

Corporations, on the other hand, are generally required to adopt bylaws. These documents regulate board structure, decision-making procedures, meeting rules, and internal governance processes.

Finally, companies must complete state licensing requirements, obtain environmental permits where applicable, register for state and local taxes, and secure appropriate commercial insurance coverage. Collectively, these steps are essential for securing project financing and conducting business with public institutions and regulated entities within the U.S. energy sector.

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▶️ V- Navigating U.S. Immigration Law for Energy Sector Expansion

▶️ V- Navigating U.S. Immigration Law for Energy Sector Expansion

Successful entry into the U.S. energy market requires more than technical expertise and commercial planning. In practice, a well-structured immigration strategy is equally critical for ensuring operational continuity and long-term scalability.

Accordingly, energy companies must align their expansion plans with U.S. immigration law, as administered by  USCIS. This includes selecting appropriate visa categories for executives, technical personnel, and short-term business activities.

1.L-1 Visa Requirements for Turkish Energy Companies Entering the U.S. Market

The L-1 visa is among the most functional and strategically important options for Turkish energy companies expanding into the United States. This visa category allows companies to transfer key personnel from a non-U.S. office to a related U.S. entity or to a newly established U.S. operation.

The L-1A visa applies to executives and senior managers. It grants authority to establish, oversee, and manage U.S. operations. In contrast, the L-1B visa is designed for engineers and technical professionals who possess specialized knowledge critical to the company’s business activities.

For multinational companies with frequent intra-company transfers, the L-1 Blanket program offers a more streamlined and scalable mechanism. L-1 eligibility criteria focus on the qualifying corporate relationship, the employee’s role, and the duration of prior employment abroad.

Importantly, when properly structured, the L-1 visa can also serve as a strategic pathway to permanent residence. In particular, L-1A beneficiaries may transition to a green card without the need for labor certification.

2.Eligibility and E-2 Visa Requirements for Turkish Treaty Investors

Türkiye’s status as a treaty country makes the E-2 visa a highly effective and flexible market entry option for Turkish investors. The E-2 investor visa is based on a qualifying investment in an active and operating U.S. enterprise that generates economic impact.

Unlike immigrant visa categories, the E-2 visa does not impose a fixed minimum investment threshold. Instead, investment levels are assessed on a proportional basis relative to the nature and scale of the business.

One of the key advantages of the E-2 visa is its unlimited renewability, provided that the enterprise continues to meet eligibility requirements. Therefore, the visa is particularly well suited for EPC offices, trading companies, and R&D centers operating in the U.S. energy market.

E-2 visa requirements primarily focus on investor nationality, lawful source of funds, ownership structure, and the non-marginal nature of the enterprise. When structured correctly, an E-2 application can support sustainable foreign direct investment and long-term commercial presence in the United States.

3.Strategic Use of the H-1B Visa in the Energy and Technology Workforce

The H-1B visa represents a practical nonimmigrant visa option for energy engineers, software specialists, and research and development professionals working in specialty occupations. In general, H-1B positions must involve highly specialized knowledge, and beneficiaries are required to hold relevant academic qualifications aligned with the role.

In addition, one of the distinguishing features of the H-1B visa is its dual-intent nature. This characteristic allows both employers and employees to pursue permanent residency without jeopardizing the individual’s nonimmigrant status. As a result, the H-1B visa supports both immediate staffing needs and long-term workforce planning.

Within the framework of H-1B visa eligibility criteria applicable in 2026, the category remains particularly valuable for technology-driven and innovation-focused energy projects. Therefore, companies operating in advanced energy systems, digital infrastructure, and clean technology development often integrate the H-1B visa into their broader human capital strategies.

4.Role of the O-1 Visa in Innovation-Driven Energy Projects

The O-1 visa offers a cap-exempt and expedited nonimmigrant visa pathway for individuals who demonstrate extraordinary ability in their field. In the energy sector, this visa category is especially well suited for patent-holding engineers, professionals who have led large-scale or high-impact projects, and researchers with significant academic contributions.

Unlike numerical-limited visa categories, O-1 eligibility is evaluated based on sustained national or international recognition. Accordingly, applicants must present objective evidence demonstrating exceptional achievement. Typical documentation includes major project leadership records, peer-reviewed publications, patents, awards, and expert testimonials.

Moreover, O-1 visa requirements emphasize a clear connection between the beneficiary’s expertise and the proposed role in the United States. When properly documented and strategically structured, the O-1 visa serves as an effective mechanism for deploying top-tier talent in advanced and innovation-driven energy initiatives.

5.B-1 Business Visitor Visa and Early-Stage Market Entry

The B-1 visa, commonly referred to as the business visitor visa, is frequently used during the initial market entry phase into the United States. It allows foreign business professionals to conduct limited activities such as site visits, business meetings, feasibility studies, and investment-related discussions.

However, the B-1 visa does not authorize employment, productive labor, or hands-on operational work in the United States. Therefore, strict adherence to its permitted scope is essential to maintain compliance with U.S. immigration regulations.

When applied correctly, the B-1 visa enables companies to evaluate market conditions and establish commercial relationships without triggering employment authorization issues. Furthermore, the strategic sequencing of the B-1 visa with employment-based visa categories supports sustainable, long-term energy operations in the U.S. market.

Wind turbines generating renewable energy in open fields

▶️ VI-Conclusion: Positioning Turkish EPC Firms in the U.S. Energy Market

▶️ VI-Conclusion: Positioning Turkish EPC Firms in the U.S. Energy Market

As of 2026, the U.S. energy market stands out as one of the most influential arenas driving the global energy transition. Extensive federal incentive programs, rapid technological advancement, strong capital availability, and supportive state-level clean energy policies collectively create a uniquely attractive environment for foreign investors.

For Turkish energy companies pursuing international expansion, the United States offers not only market scale but also long-term strategic depth. With proven EPC contracting capabilities, a young and highly skilled engineering workforce, and strong international project experience, Turkish firms are well positioned to participate in renewable energy and infrastructure investments across the U.S. market.

Nevertheless, successful market entry depends on a clearly defined expansion strategy. In particular, accurate state selection, regulatory compliance, effective immigration planning, and optimal use of incentive mechanisms play a decisive role in long-term success.

Therefore, the United States should be viewed not merely as a destination market, but as a strategic launchpad for global growth, technology development, and sustainable positioning. As the clean energy transformation accelerates beyond 2026, early and well-structured decisions will increasingly shape competitive advantage in the global energy landscape.

 

▶️ REFERENCES

▶️ REFERENCES

California Energy Commission. (n.d.). California Energy Commission. https://www.energy.ca.gov/

Forbes. (2022, August 23). Inflation Reduction Act benefits: Clean energy tax credits could double deployment. Forbes. https://www.forbes.com/sites/energyinnovation/2022/08/23/inflation-reduction-act-benefits-clean-energy-tax-credits-could-double-deployment

Internal Revenue Service. (n.d.). Employer Identification Number (EIN). Retrieved December 12, 2025, from https://www.irs.gov/businesses/employer-identification-number

New York State Energy Research and Development Authority. (n.d.). Offshore wind. https://www.nyserda.ny.gov/All-Programs/Offshore-Wind

Sheldrick, A. (2025). Solar accounted for 84% of new U.S. power added in 2024. Reuters. https://www.reuters.com/business/energy/solar-accounted-84-new-us-power-added-2024-report-says-2025-03-11

Solar Energy Industries Association & Wood Mackenzie. (2025). U.S. Solar Market Insight 2024 Year in Review. Solar Energy Industries Association. https://seia.org/research-resources/solar-market-insight-report-2024-year-in-review

Solar Energy Industries Association. (2025, January 28). SEIA announces target of 700 GWh of U.S. energy storage by 2030. SEIA. https://seia.org/news/seia-announces-target-of-700-gwh-of-u-s-energy-storage-by-2030

U.S. Small Business Administration. (n.d.-a). Register your business. https://www.sba.gov/business-guide/launch-your-business/register-your-business

U.S. Small Business Administration. (n.d.-b). Basic information about operating agreements.
https://www.sba.gov/blog/basic-information-about-operating-agreements

U.S. Department of Energy. (n.d). Grid Modernization and the Smart Grid. U.S. Department of Energy. https://www.energy.gov/oe/grid-modernization-and-smart-grid

U.S. Department of Energy. (2025, January 3). Clean Hydrogen Production Tax Credit (45V) Resources. U.S. Department of Energy. https://www.energy.gov/articles/clean-hydrogen-production-tax-credit-45v-resources

U.S. Energy Information Administration. (2025, August 21). Texas state energy profile. U.S. Energy Information Administration. https://www.eia.gov/state/analysis.php?sid=TX

U.S. Energy Information Administration. (2024). U.S. LNG Export Capacity and Projections. https://www.eia.gov/todayinenergy/detail.php?id=62083

U.S. Energy Information Administration. (2025). Short-Term Energy Outlook. https://www.eia.gov/outlooks/steo/

U.S. Environmental Protection Agency. [EPA] (2023). Inflation Reduction Act – Renewable Energy Provisions. https://www.epa.gov/green-power-markets/summary-inflation-reduction-act-provisions-related-renewable-energy

Wagster Pettus, E. (2024, January 18). Mississippi legislators approve incentives for a factory that would make EV batteries. AP News. https://apnews.com/article/mississippi-ev-battery-plant-special-session-45399bd35a6c11fe303fb2a919557cfd

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